{"data":{"id":"us/48-cfr-16.204","jurisdiction":"us","citation":"48 CFR 16.204","heading":"16.204 Fixed-price incentive contracts.","body":"A fixed-price incentive contract is a fixed-price contract that provides for adjusting profit and establishing the final contract price by a formula based on the relationship of final negotiated total cost to total target cost. Fixed-price incentive contracts are covered in subpart 16.4, Incentive Contracts. See 16.403 for more complete descriptions, application, and limitations for these contracts. Prescribed clauses are found at 16.406.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 1—FEDERAL ACQUISITION REGULATION","SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES","PART 16—TYPES OF CONTRACTS","Subpart 16.2—Fixed-Price Contracts"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"ac82f08a2a53835f5f76232289be5fbfeebdbe81cd28e87972b30c5b5633392e","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-16.203-4","next":"us/48-cfr-16.205"},"notice":"GroundRules: Original legal text. Not legal advice."}